Capgemini Se · EURONEXT:CAP
Capgemini — Capgemini Se Ord — Q3 2023 Earnings Presentation
22 slides from Capgemini's earnings presentation, Nov 7, 2023
Slide 1: Q3 2023 Revenues
Q3 2023 REVENUES NOVEMBER 7, 2023
Slide 2: Disclaimer
DISCLAIMER This presentation may contain forward-looking statements. Such statements may include projections, estimates, assumptions, statements regarding plans, objectives, intentions and/or expectations with respect to future financial results, events, operations and services and product developme
Slide 3: Aiman Ezzat, Chief Executive Officer
Aiman EZZAT Chief Executive Officer
Slide 4: Delivering a solid performance in Q3
DELIVERING A SOLID PERFORMANCE IN Q3 Q3 REVENUES Q3 BOOKINGS +2.3% +1.4% € 5,480M 0.96 book-to-bill Constant Currency Growth Q3 2023 Revenues | November 7, 2023 © Capgemini 2023. All rights reserved | 4
Slide 5: A resilient demand for our digital transformation solutions
A RESILIENT DEMAND FOR OUR DIGITAL TRANSFORMATION SOLUTIONS BUSINESSES SECTORS UK & Ireland +5.0% Strategy & Public Sector North America Transformation -4.0% +5.1% +14.0% France +3.7% Rest of Europe Applications & Manufacturing Technology +5.4% Asia Pacific +2.8% +4.3% & Latin America +7.6% Operatio
Slide 6: Generating business outcomes for our clients
GENERATING BUSINESS OUTCOMES FOR OUR CLIENTS CLOUD DATA & AI US UK GLOBAL PROFESSIONAL INTELLIGENT GIGAFACTORY INSURANCE SERVICES Sustainable Energy Business Ecosystem Smart Factory INDUSTRY Engineering Supply chain Partnership Modernization and Cloud Data optimization Management shift to Cloud Serv
Slide 7: Delivering on our €2bn AI investment program
DELIVERING ON OUR €2BN AI INVESTMENT PROGRAM STRENGHTENING OUR CAPABILITIES DRIVING NEW BUSINESS OUTCOMES TO DELIVER DATA & AI PROJECTS AT SCALE FOR OUR CLIENTS >30,000 talents Data & AI # expected to double within the next GLOBAL US Talents three years BANK INSURER Reduce time-to-market for new Sof
Slide 8: 2023 Outlook
2023 OUTLOOK REVENUE GROWTH OPERATING MARGIN ORGANIC FCF +4.0% 13.0% around to +7.0% to 13.2% € 1.8 bn at constant exchange rates Inorganic contribution around 0.5 points at the lower end of the target range and 1.0 point at the upper end Q3 2023 Revenues | November 7, 2023 © Capgemini 2023. All rig
Slide 9: Carole Ferrand, Chief Financial Officer
Carole FERRAND Chief Financial Officer
Slide 10: Quarterly revenue growth
QUARTERLY REVENUE GROWTH ▐ Revenues in EUR millions Constant currency growth 5,754 5,729 5,697 Q3: +2.3% YoY 5,521 5,553 5,480 9M: +6.0% YoY 5,167 Q1 2023 Q2 2023 Q3 2023 9M 2023 Year-on-Year Organic +10.1% + 4.7% + 2.0% + 5.5% Group scope +0.6pts +0.5pts +0.3pts +0.5pts Constant Currency +10.7% + 5
Slide 11: Q3 & 9M 2023 revenues by region
Q3 & 9M 2023 REVENUES BY REGION APAC & LATAM Q3 2022 Q3 2023 Variation 9M 2023 Year-on-Year UK & Rest of Europe Revenues Year-on-Year 9% Ireland Constant Constant (in €m) (in €m) Reported 12% 30% Currency Currency North America 1,803 1,608 -10.8% -4.0% +0.6% UK & Ireland 646 676 +4.6% +5.0% +9.6% 9M
Slide 12: Q3 & 9M 2023 revenues by sector
Q3 & 9M 2023 REVENUES BY SECTOR Q3 2023 9M 2023 Services Energy Year-on-Year Year-on-Year & Utilities Constant Constant Manufacturing 5% Currency Currency Telco, Media 8% & Technology 27% Financial Services -3.4% +2.8% Energy & Utilities +3.4% +4.7% 11% Manufacturing +4.3% +10.5% 9M Consumer Goods &
Slide 13: Q3 & 9M 2023 revenues by business
Q3 & 9M 2023 REVENUES BY BUSINESS Strategy & Total Revenues Transformation Operations & Q3 2023 9M 2023 Engineering 8% Year-on-Year Year-on-Year 29% Constant Constant Currency Currency 9M Strategy & Transformation +5.1% +9.9% 2023 Applications & Technology +2.8% +6.3% Operations & Engineering +0.9%
Slide 14: Bookings evolution
BOOKINGS EVOLUTION ▐ in EUR million (at reported rates) 6,685 6,134 6,101 5,867 5,473 5,427 5,275 Constant currency growth Q3: +1.4% YoY 9M: +3.0% YoY Q1 2022 Q2 2022 Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 ▐ Constant currency growth YOY (in %) +26.5% +18.8% +12.5% +11.4% +6.5% +1.2% +1.4% Q3 2023 R
Slide 15: Headcount evolution
HEADCOUNT EVOLUTION Headcount Evolution Attrition -14,600 -4% -1,100 Sept. 2022 Sept. 2023 Attrition Variation LTM LTM Strategy & Transformation 22.7% 16.4% -6.3pts 358,400 342,700 Applications & Technology 26.8% 17.3% -9.5pts Operations & Engineering 27.1% 20.9% -6.2pts TOTAL 26.8% 18.6% -8.2pts Wo
Slide 16: Q&A
Q&A Aiman EZZAT Olivier SEVILLIA Carole FERRAND Chief Executive Officer Chief Operating Officer Chief Financial Officer
Slide 17: Appendix
APPENDIX Papaomini@
Slide 18: Alternate performance measures
ALTERNATE PERFORMANCE MEASURES ▐ Organic growth, or like-for-like growth, in revenues is the growth rate calculated at constant Group scope and exchange rates. The Group scope and exchange rates used are those for the published period. Exchange rates for the published period are also used to calcula
Slide 19: Q3 2023 revenue mix by sector / region / business
Q3 2023 REVENUE MIX BY SECTOR / REGION / BUSINESS Revenues By Sector Revenues By Business (in % of Group Revenues) (in % of Total Revenues) Energy Services & Utilities Strategy & Transformation Manufacturing 5% Operations & 8% Telco, Media 8% Engineering & Technology 27% 29% 11% Revenues By Region Q
Slide 20: Revenue quarterly evolution
REVENUE QUARTERLY EVOLUTION Q1 2022 Q2 2022 Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Revenues (in €m) 5,167 5,521 5,553 5,754 5,729 5,697 5,480 Year-on-Year organic growth +16.3% +18.1% +14.3% +12.8% +10.1% +4.7% +2.0% Year-on-Year CC growth +17.7% +19.3% +15.7% +14.0% +10.7% +5.2% +2.3% Year-on-Year
Slide 21: Utilization rates evolution
UTILIZATION RATES EVOLUTION Strategy & Transformation Applications & Technology * 78% 78% 78% 78% 78% 79% 79% 69% 69% 68% 69% 68% 67% 66% Q1 2022 Q2 2022 Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q1 2022 Q2 2022 Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 * 2022 restated for comparison purposes Q3 2023 Re
Slide 22: About Capgemini
About Capgemini Biraud, Vincent Massoni, Patrick Head of Investor Relations Senior Manager, Investor Relations Capgemini is a global leader in partnering with companies to transform and manage their business by harnessing the power of technology. The Group is guided everyday by its purpose of +33 1